FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 13 (All Bases in CAD) Bank of Canada Noon exchange rate was 0.9905 down 0.0030 Chicago corn closed mixed. MAY12 HI 6.66 3/4 DEC12 HI 5.70 1/2 LOW 6.56 LOW 5.63 1/4 CLOSE6.62 Up 2 1/2 CLOSE 5.67 1/2 Down 1 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY12+JUL12+JUL12 CK Low -0.45 6.17 242.90 -0.75 4.93 193.89 CK High -0.40 6.22 244.87 -0.70 4.98 195.86 CK Avg -0.44 -0.38 6.18 243.36 -0.73 -0.68 4.95 194.74 Essex Cty -0.50 6.12 240.93 -0.75 4.93 193.89 Mdsx Low -0.45 6.17 242.90 -0.75 4.93 193.89 Mdsx High -0.45 6.17 242.90 -0.75 4.93 193.89 Mdsx Avg -0.45 -0.40 6.17 242.90 -0.75 -0.70 4.93 193.89 Hensall -0.48 6.15 241.92 -0.75 4.93 193.89 Bruce -0.45 6.17 242.90 -0.75 4.93 193.89 Putnam -0.45 6.17 242.90 -0.75 4.93 193.89 Burford -0.45 6.17 242.90 -0.75 4.93 193.89 Port Perry -0.45 6.17 242.90 -0.70 4.98 195.86 Norfolk -0.43 6.19 243.69 -0.72 4.96 195.07 Palmerston -0.45 6.17 242.90 -0.70 4.98 195.86 Varna -0.45 6.17 242.90 -0.70 4.98 195.86 Trenton -0.25 6.37 250.78 -0.70 4.98 195.86 Winchester N/A N/A North Gower -0.31 6.31 248.41 -0.70 4.98 195.86 Huron FOB -0.45 6.17 242.90 -0.70 4.98 195.86 Kent FOB -0.43 6.19 243.69 -0.72 4.96 195.07 Lamb FOB -0.43 6.19 243.69 -0.72 4.96 195.07 Mdsx FOB -0.40 -0.40 -0.30 -0.30 6.22 244.87 -0.75 4.93 193.89 FOB SW Que 0.15 6.77 266.52 -0.25 5.43 213.57 Track -0.15 6.47 254.71N/A PROCESSORS Chat-Eth N/A N/A N/A N/A -0.65 5.03 197.83 Jhnstwn-Eth 0.20 0.25 0.30 0.35 6.82 268.49 -0.55 5.13 201.76 Aylmer-Eth -0.25 -0.20 -0.20 -0.15 6.37 250.78 -0.50 5.18 203.73 Sarn-Eth N/A -0.25 -0.10 -0.10 N/A Cllngwd-Eth N/A 0.10 0.10N/A -0.30* 5.38 211.60 London-Cas N/A -0.15 -0.05 -0.05 -0.45 5.23 205.70 Pt.Colb-Cas N/A N/A N/A N/A -0.40 5.28 207.67 Cardnl-Cas N/A N/A 0.20 0.20 -0.40 5.28 207.67 W O Feed 0.06 0.07 6.68 262.98 US Rep 0.60 0.61 7.22 284.24 Toledo El. 0.06 6.68 262.96 -0.38 5.30 208.58 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton -0.19 6.43253 1/7 -0.44 5.24206 MID SD CRN -0.42 1/2 6.19 1/2 HI SD CRN -0.40 6.22 *Wet Bid Bank of Canada Noon exchange rate was 0.9905 down 0.0030 Chicago soybeans closed moderately higher. MAY12 HI 13.54 3/4 NOV12 HI 13.13 LOW 13.31 1/4 LOW 12.97 CLOSE13.48 3/4 Up 14 1/4 CLOSE 13.11 1/2 Up 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL12 CK Low -0.71 12.78 469.49-0.80 12.32 452.50 CK High -0.65 12.84 471.70-0.73 12.39 455.07 CK Average -0.69 -0.5812.80 470.41-0.76-0.6612.35 453.85 Essex Cty -0.59 12.90 473.90-0.67 12.45 457.28 Mdsx Low -0.70 12.79 469.86-0.76 12.36 453.97 Mdsx High -0.69 12.80 470.23-0.75 12.37 454.34 Mdsx Average -0.70 -0.5912.79 470.04-0.76-0.6512.36 454.15 Hensall -0.70 12.79 469.86-0.78 12.34 453.42 Bruce -0.70 12.79 469.86-0.80 12.32 452.50 Putnam -0.65 12.84 471.70-0.70 12.42 456.17 Burford -0.66 12.83 471.33-0.73 12.39 455.07 Port Perry -0.72 12.77 469.13-0.79 12.33 452.87 Norfolk -0.61 12.88 473.17-0.70 12.42 456.17 Palmerston -0.65 12.84 471.70-0.75 12.37 454.34 Varna -0.60 12.89 473.53-0.70 12.42 456.17 Trenton -0.85 12.64 464.35-0.80 12.32 452.50 Winchester N/A N/A North Gower -0.63 12.86 472.43-0.57 12.55 460.95 Huron FOB -0.55 12.94 475.37-0.65 12.47 458.01 Kent FOB -0.65 12.84 471.70-0.75 12.37 454.34 Lambton FOB -0.65 12.84 471.70-0.75 12.37 454.34 Middlesex FOB-0.66-0.55-0.50 N/A 12.83 471.33-0.64 12.48 458.38 PROCESSORS Hamilton -0.30-0.20-0.15-0.15 13.19 484.56-0.20 12.92 474.55 Windsor -0.36-0.35-0.34 N/A 13.13 482.35-0.45 12.67 465.36 Winchester -0.75 12.74 468.02-0.70 12.42 456.17 TRANSFER Hamilton -0.25 N/A N/A N/A 13.24 486.39-0.30 12.82 470.87 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC -0.30 13.19 484.560.00 13.12 481.89 Toledo El. -0.18 13.31 489.02-0.38 12.74 468.04 Bank of Canada Noon exchange rate was 0.9905 down 0.0030 Chicago wheat closed slightly lower. MAY12 HI 6.57 1/2 JUL12 HI 6.65 1/4 LOW 6.45 1/4 LOW 6.54 1/2 CLOSE 6.49 Down 2 1/4 CLOSE 6.58 Down 1 1/4 Minni wheat closed slightly lower. MAY12 HI 8.24 1/4 SEP12 HI 8.07 LOW 8.09 LOW 7.94 CLOSE 8.11 Down 8 1/2 CLOSE 7.94 1/4 Down 8 GFO Cash Wheat Prices - DEL Terminal Current Crop 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis -0.15 0.69 0.05 -0.56 CAD $/bu 6.34 7.18 6.54 7.55 CAD $/tonne 232.88 263.86 240.17 277.35 Direct MarkHarvest 2011 Harvest 2012 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A 0.35 -0.30 N/A N/A 0.25 -0.45 N/A London -0.19 0.40 -0.19 N/A -0.03 0.37 -0.43 N/A Hensall -0.25 N/A -0.25 N/A 0.10 N/A -0.40 N/A Trenton N/A N/A N/A N/A N/A N/A -0.50 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A -0.35 N/A N/A N/A -0.48 N/A Norwich -0.25 N/A -0.25 N/A 0.10 N/A -0.40 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge -0.25 N/A -0.25 N/A 0.10 N/A -0.70 N/A Chatham N/A 0.32 -0.30 N/A N/A 0.29 -0.47 N/A Brigden N/A 0.32 -0.30 N/A N/A 0.29 -0.47 N/A Palmerston N/A 0.52 -0.23 -0.51 N/A 0.45 -0.34 -0.79 Varna -0.30 0.35 -0.30 N/A -0.10 0.50 -0.40 N/A Mitchell -0.25 0.45 -0.25 N/A 0.10 0.45 -0.40 N/A Thornton N/A N/A N/A -0.87 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A -0.55 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A 0.05 N/A N/A N/A -0.05 N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 0.24N/A 0.49 0.94 0.34N/A Toledo El. 6.53US 6.48CA 6.70US 6.65CA GFO Contract Wheat Prices - DEL Terminal Harvest 12 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.05 0.69 -0.15 -0.46 CAD $/bu 6.63 7.27 6.43 7.48 CAD $/tonne 243.45 267.14 236.16 274.89 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 298.00 - 315.00 Bayport Oats 302.00 Bayport Barley 295.00 FOB Hm Soymeal 421.20 - 423.40 DDG's FOB Srn, Wndr, Aylm 185.00 - 210.00